No Mercy No Malice

Get Ready for Airbnb’s IPO to Blow Away Expectations

Some are predicting a $30 billion valuation. Here’s why it could actually be a lot higher.

Airbnb logo displayed on a phone screen with bills in the background
Photo: Nikolas Kokovlis/NurPhoto/Getty Images

While the entire professional class, and every elected official, all claim to be optimists, I see the world through gray-colored glasses. Vaccine by fall, herd…